Gold Intraday: the downside prevails
Jan 24, 2025 8:56 PM
short positions below 2785.00 with targets at 2762.00 & 2751.00 in extension.
Pivot: 2785.00
Our preference:
short positions below 2785.00 with targets at 2762.00 & 2751.00 in extension.
Alternative scenario:
above 2785.00 look for further upside with 2794.00 & 2800.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
2800.00
2794.00
2785.00
2772.64 Last
2762.00
2751.00
2738.00
Our preference:
short positions below 2785.00 with targets at 2762.00 & 2751.00 in extension.
Alternative scenario:
above 2785.00 look for further upside with 2794.00 & 2800.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
2800.00
2794.00
2785.00
2772.64 Last
2762.00
2751.00
2738.00
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Related Instruments
Gold
3642.720
9.110
+0.25%
